Figure skating pairs competition excluded from schedule of 2017 Winter UniversiadeSport January 16, 20:34
DPR top diplomat blames Kiev for dodging discussion of Steinmeier formula implementationWorld January 16, 20:14
IMF maintains forecast for global economy growth in 2017 at 3.4%Business & Economy January 16, 19:45
Six more settlements join Syria ceasefire regime — Defense MinistryWorld January 16, 19:22
Foreign Ministry: Washington initiating new arms race in EuropeRussian Politics & Diplomacy January 16, 19:15
Diplomat says anti-terror efforts must not be hostage to political ambitionsRussian Politics & Diplomacy January 16, 19:08
Russian football team to use training camp abroad for 2017 FIFA Confederations CupSport January 16, 19:00
Russia's Nornickel to present social, economic projects at Arctic forumBusiness & Economy January 16, 18:51
IMF expects oil prices to grow by almost 20% in 2017Business & Economy January 16, 18:39
MOSCOW, September 26 (Itar-Tass) — Negotiations of Russia and Belarus on the merger of KAMAZ and MAZ (truck plants) proceed with difficulties,” Sergei Chemezov, the head of Rostekhnologii State Corporation, that is the main shareholder of Russia’s KAMAZ, said on Wednesday.
“Negotiations are held so far, as we have not reached a final agreement with Belarus as of yet,” Chemezov said. In reply to the query whether a joint holding will be set up before the end of the year, he said “I would hope so”.
“The point is that we have made our new evaluation, and Belarus has also made a new evaluation,” Chemezov continued. “Two years have passed, that is why we have made a revaluation. Now we must get down to the negotiating table and agree, whether the Belarusian side accepts it,” he added.
The head of Rostekhnologii said that in accordance with the conducted audit KAMAZ is estimated “at slightly more than two billion dollars” while MAZ – “at a bit more than 1.6 billion dollars”.